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Which was not a key influence in the development of control theory?
Autonomous Consumption
The level of consumption that occurs when income levels are zero, reflecting basic consumption needs that do not depend on income.
Autonomous Consumption
Autonomous consumption is the level of consumption that occurs when income levels are zero, reflecting the basic level of consumption that is needed for survival.
Disposable Income
Post-tax disposable income that households can allocate for spending and saving.
Saving
The process of setting aside a portion of current income for future use, either by depositing the money in a bank or investing in various financial assets.
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